Bitcoin Is ‘Fulfilling Its Destiny’ As World Reserve Currency, Says Bitcoin Whale Trace Mayer
Posted On March 26, 2025
Veteran Bitcoin (CRYPTO: BTC) advocate Trace Mayer has raised doubts about the U.S. government’s ability to amass a large portion of the global Bitcoin supply, warning that attempts to acquire 5 million BTC could dramatically impact the market.
What Happened: In a conversation with Pete Rizzo at the Digital Asset Summit in New York, Mayer questioned recent calls by industry leaders such as Strategy Executive Chairman Michael Saylor and U.S. Senator Cynthia Lummis (R-Wyo.), who have floated the idea of a national Bitcoin reserve on the scale of millions of coins.
“They would have a hard time,” Mayer said during his appearance on the Supply Shock podcast. “Where are they going to get 5 million coins? How many coins got added into …
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